Future Generali Insurance plans

Future Generali Life Immediate Annuity Pension

Future Generali Immediate Annuity Plan is a traditional non-participating individual pension plan that provides you the benefit as regular income through your retired life.
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Future Generali Life insurance review

Future Generali Life Insurance plans
Distribution - Number of branches pan India (March 2019)
117
Entry Age Minimum/Maximum (Years) - Term Plans
18/55
Sum Assured Minimum / Maximum - Term Plans
3 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
10/65
Solvency Ratio (FY 2018-19) *
1.62
Number of Policies Sold (Ind+Group) *
65,325
Number of Lives Covered (Ind+Group) **
629,811
Claims Settlement Ratio (Ind+Group) ***
95.72%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Future Generali Life Immediate Annuity Pension Insurance Overview

  • Key Benefits
  • Eligibility

Key Benefits of Future Generali Life Immediate Annuity Pension Insurance

  • Lifetime Income to the annuitant
  • Two annuity options
  • Flexible payout modes
  • Option of Annuity card
  • Benefit of higher Annuity payout
  • Single premium pay
  • Tax benefits

Eligibility Criteria of Future Generali Life Immediate Annuity Pension Insurance

Parameter Minimum Maximum
Entry Age (As on last Birthday) 40 Years 80 Years
Purchase Price Minimum - `30,000. Maximum – No Limit
Annuity Mode Yearly/Monthly
Policy Term Till the Annuitant is alive

Brochure

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Policy wordings

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025